Payday Loans in London, West Virginia

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!
  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

No payday loan companies in London, WV. Consider companies in other cities:

Company nameAddressZip codePhone number
Payday Loans Chelyan 200 WV-61, Cabin Creek, WV 25035 +1 (304) 595 - 6782
BB&T 1447 Smoot Ave, Danville, WV 25053 +1 (304) 369 - 0022
Premier Bank Inc. 142 Queens Alley Rd, Rock Cave, WV 26234 +1 (304) 472 - 8828
City National Bank 1034 S George St., Charles Town, WV 25414 +1 (304) 725 - 9787
United States Postal Service 90 Oak St, Elk Garden, WV 26717 +1 (800) 275 - 8777
BB&T Mortgage 100 Maplewood Ave, Lewisburg, WV 24901
Walmart Money Center 302 Underwood Rd, Lewisburg, WV 24901 +1 (304) 645 - 5280
Raymond James Financial Services 1102 Grand Central Ave, Vienna, WV 26105 +1 (304) 422 - 6400
Alcova Mortgage - Lewisburg, WV 9719 Seneca Trail S, Lewisburg, WV 24901 +1 (304) 645 - 2478
S.A.M. Check Cashing Machine 628 Main St, West Milford, WV 26451 +1 (304) 745 - 5385

Payday Loan Companies in Nearby Cities

If there are no payday loan companies in London, WV, you can try to find different companies in big cities near by. Check out the following pages here: Payday Loans in Charleston, WV, Payday Loan Companies in Huntington, WV, Payday Loan Companies in Morgantown, WV and Short-term Loans in Parkersburg, WV. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in London, WV.

Are Payday Loans Legal In London, West Virginia?

Payday Lending is Prohibited in West Virginia

West Virginia Loan Regulations

Legal StatusProhibited
Interest Rate (APR, %)Prohibited
Maximum Loan AmountProhibited
Minimum Loan TermProhibited
Maximum Loan TermProhibited
Number of Rollovers AllowedProhibited
Finance ChargesProhibited

London, WV payday loan calculator

If you happen to be in London, West Virginia and urgently need some cash, you might be tempted to turn to a payday lender for help. Unfortunately, payday loans are not legal in the state of West Virginia, meaning you will not find any lenders authorized to offer them there.

What are payday loans?

Payday loans are unsecured, short-term loans that give borrowers fast access to money. They are designed to be repaid within a few weeks, usually on the borrower’s next payday. Payday loans may appear to be a quick fix for financial emergencies, but they carry extremely high interest rates and fees, making them difficult to pay back and potentially trapping borrowers in a cycle of debt.

Payday loans in West Virginia

In 2001, West Virginia enacted laws that specifically prohibited payday loans in the state. One of the main reasons for this was to protect consumers against predatory lending and the vicious cycle of debt that payday loans can cause. As a result, payday loans in West Virginia are not only illegal, but also heavily regulated.

The dangers of payday loans

Payday loans are known to be a risky type of financing, and have faced criticism across the United States. The state of West Virginia recognized these dangers and decided to take appropriate action by banning them. It is important to remember that the interest rates on payday loans are incredibly high – often around 400% – making it extremely difficult for people to fully pay off their loan on time. This can result in fees piling up, and high-interest debt that borrowers can’t ever seem to escape.

Alternatives to payday loans in London, West Virginia

If you live in London, West Virginia and need cash, there are various alternative options to consider. Some alternatives include:

  • Saving money wherever possible to avoid needing to borrow in the first place.
  • Asking family or friends for a loan to tide you over.
  • Seeking help from a financial advisor or credit counselor.
  • Exploring personal loans at a credit union or online.

Interesting facts about payday loans

Did you know that:

  • The average payday loan borrower takes out eight loans a year?
  • Nearly 12 million Americans use payday loans every year?
  • Payday loans are illegal in 18 states in the United States?
  • The Consumer Financial Protection Bureau (CFPB) found that four out of five payday loans are rolled over or renewed, resulting in fees piling up for borrowers?

Contact TheGuaranteedLoans for financial assistance

Although payday loans are illegal in West Virginia, TheGuaranteedLoans can still help you to find solutions to your financial difficulties. Our online platform connects borrowers with a network of lenders, making it easy for you to get the financial assistance you need quickly and easily. Be sure to fill out our online application to get started today. We’ll make the process as easy as possible and help you find the financial solutions you need. We always ensure that our readers receive the most up-to-date and accurate information, and we are committed to helping you find reliable sources of financing that meet your needs.

F.A.Q.

Are payday loans legal in London, West Virginia?

No, payday loans are not legal in London, West Virginia. In fact, the state has some of the strictest laws in the country when it comes to payday lending, and it is one of only a few states that completely prohibits the practice.

What are the consequences of taking out a payday loan in London, West Virginia?

Taking out a payday loan in London, West Virginia is illegal, and violators can face significant penalties, including fines, jail time, and the revocation of their business license.

Look for Short-Term Loans in Other Cities: